a pennant has been completely formed on the EURUSD daily chart indicating the end of the long consolation period and triggering a strong break-out..
entry price - above the pennant at 1.2350
sl - below the pennant at 1.2215
tp - the size of the mast at 1.3030
this trade has a large risk/reward ration like all the pennant formations..
entry price - above the pennant at 1.2350
sl - below the pennant at 1.2215
tp - the size of the mast at 1.3030
this trade has a large risk/reward ration like all the pennant formations..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.